What is Gumroad? Gummy bear shaped video chatting site for digital market penetration. Gumroad was built on the idea that the conventional market does not have a large amount of buying power, but can be penetrated by small scaled entrepreneurs who want to make their presence felt in this growing internet market space. It has been around for just over a year and is already a major player in this emerging market.
Gumroad was launched with a bang. Its portal was launched at end 2009, with millions of dollars invested by both corporate bodies and individual members. The primary objective was to provide a platform where members from different geographical and social backgrounds could access digital downloads straight from the gumroad alternative without any charge to them. In a few months of operation, it has gained considerable popularity amongst its users and has further added to its market value. Gumroad members have access to additional features such as virtual marketplaces, surveys, events and blog postings. RSS feeds are also available. Photo galleries are also available.
What makes gumroad such a great platform for selling digital products? Well, apart from its affordable pricing and huge market reach, one of gumroad’s most attractive features is its user friendly interface and advanced analytics. The analytics software provides all the statistics that sellers need to know about their customers and help them plan and achieve their goals. This kind of information is very important for any kind of business, because ultimately it will help you understand how your customers think, which means better strategies to serve them and make more sales.
Among all the digital products on sale at gumroad, one of the most popular is lo-fi. Lo-fi is another product of gumroad that offers great value for money. As with all the gumroad ecommerce platforms, lo-fi too has a standard transaction fee. The transaction fee is in addition to all the other features and benefits of buying books on the platform like unlimited downloads, discount coupons, free shipping and so on. This is in contrast to other platforms on the market that offer similar benefits, but charge a higher transaction cost.
However, is it really worth paying extra for these benefits when you get everything you want from an e-commerce platform? There is no doubt that yes, indeed you will definitely find all the benefits that you are looking for in these gumroad alternatives. You don’t have to overlook the other benefits. For example, ebay has a zero payment gateway fee for buyers. Thus, if you are looking for a platform where you don’t have to pay any fees in order to buy your products and services, then you should definitely consider eBay. It’s just that you might want to take note of the fact that there are other alternatives that you might want to consider first before spending your capital on eBay.
There are also some gumroad alternatives that offer a good part of the features that you will find on eBay. For instance, Zedge is a good part of what eBay offers, but it does have some limitations. It does not support multi-step checkout. If you want to complete a transaction you will need to return to the checkout page. There are also some limitations when it comes to their shipping rates. Shipping times can be very long and there may be delays that could lead to additional charges.
Also, podia is another good part of what eBay offers, but it does have some limitations as well. Media does not support multipage checkouts. If you need to complete a transaction you will have to return to the homepage. Their shipping rates are very low. Zedge is another option if you require faster shipping.
That’s it! That’s all you need to know about gumroad and its competition. It’s easy to pay with PayPal. When it comes to digital products, PayPal is the best platform because it allows you to get instant payments and it’s very easy to use. If you are looking to start an e-business but have nothing to offer, then you should consider one of these platforms.